Actually if you are a professional investor, you can earn money both in the bull market and down point. The most boring is a market siderway, not the market down.
In strong declines, there is always the opportunity to go a long way in the opposite direction, so anyone who knows how to play in a down market will be rich quick in a bull market.
The important thing in a bearish market is the trend reversal, so remember that in the bearish market and as close to the important support points you should put extremely short SL. For this reason, you can lose 8 out of 10 orders, but just succeed 2 orders, you will get back all, even profitable.
So for a professional investor, you can make money even in a strong down market.
Prepare yourself for a solid strategy and psychology. Good luck !
In strong declines, there is always the opportunity to go a long way in the opposite direction, so anyone who knows how to play in a down market will be rich quick in a bull market.
The important thing in a bearish market is the trend reversal, so remember that in the bearish market and as close to the important support points you should put extremely short SL. For this reason, you can lose 8 out of 10 orders, but just succeed 2 orders, you will get back all, even profitable.
So for a professional investor, you can make money even in a strong down market.
Prepare yourself for a solid strategy and psychology. Good luck !
Its difficult to make money when market is drop.I can't even get my payments for my bounties because my tokens have no value.Some dont give payments because they have big loses and they calledit scam.
In the world of crypto we have to be knowledgeable and wise enough on investing, in order to evade scammers. We should have a lot of wisdom dealing the possibilities of getting losses in the fund we spent by capitalization. We can make money in downfall, just take the risk of holding the coins as it can make profitably in the future when the market reach its stability. The more we keep more coins, the merrier we gain properous profits as well. Be aware and more careful on deliberating in investing, to evade scammers.